Continued from Part 2 of our "-abilities" series
“It is better to be safe than sorry.” How many times have we heard these words at home and at work? The mindset implies that it is better to consider precautionary actions rather than be sorry you didn’t. A relatively simple, wise, and precautionary approach; and in supply chain management it is most evidenced when planning inventory, seasonal promotions, or telling a customer when something will be delivered. Better to under commit and over deliver, than over commit and under deliver.